12 CFR § 1807.901 - Payment of funds.

---
identifier: "/us/cfr/t12/s1807.901"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1807.901 - Payment of funds."
title_number: 12
title_name: "Banks and Banking"
section_number: "1807.901"
section_name: "Payment of funds."
chapter_name: "COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, DEPARTMENT OF THE TREASURY"
part_number: "1807"
part_name: "CAPITAL MAGNET FUND"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 4569."
regulatory_source: "89 FR 53015, June 25, 2024, unless otherwise noted."
cfr_part: "1807"
---


# 1807.901 Payment of funds.

CMF Awards provided pursuant to this part may be provided in a lump sum payment or in some other manner, as determined appropriate by the CDFI Fund. The CDFI Fund shall not provide any Payment under this part until a Recipient has satisfied all conditions set forth in the applicable NOFA and Assistance Agreement.